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Zillow mania: $1.7B value boost, 27K haters

Though it feels like a lifetime of cacophony, today marks the one-month anniversary of Zillow’s controversial Instant Offers program, which connects homesellers with investor bids alongside CMAs from participating Zillow Premier Agents (ZPAs). What have we learned...

StreetEasy announces top NYC brokerages join Premier Broker program

Premier Broker bundles buyer leads from StreetEasy, Zillow and Trulia with exclusive technology and services designed for brokerages and team leads. Continue reading StreetEasy announces top NYC brokerages join Premier Broker program at Property Portal Watch.

Zillow: Lack of for-sale inventory due in part by increased single-family rentals

According to Zillow's May 2017 Market Report, part of the reason for the drop in for-sale inventory is the growing number of single-family rentals since the housing market crash...

Zillow wins bid to slash multimillion-dollar VHT photo copyright verdict

Looks like real estate giant Zillow Group may only be on the hook for half of a copyright infringement verdict awarded to real estate photography firm VHT earlier this year...

Lead thinks you’re the listing agent? Zillow’s StreetEasy offers responses

"You're not the listing agent?" It's a common question agents hear from leads who came through a listing portal, where agents who aren't the exclusive listing agent can pay to have contacts routed to them. And responding can be a challenge, as buyers may be puzzled or feel misled when they're surprised by who's on the other end of the listing. Show More Summary

How Zillow’s CEO Learned To Lead With Authenticity And Empathy

The online real estate company’s Spencer Rascoff wants to bring the same transparency to his leadership that his company does to the housing market. Last spring, Zillow’s CEO and cofounder, Spencer Rascoff launched a program called Community Pillars to extend the services of the online real estate search company to the affordable housing market. Show More Summary

Zillow is a Broker – So What?

“Berkshire Hathaway Home Services, NRT, Redfin – all brokers. Do brokers drop out of IDX because they are selling homes in their market? Brokers share their listings with these large firms everyday. If Zillow joins the list, what’s the diff?” This is the conversation starter that an investment banker had with me today. Show More Summary

Instant Offers indigestion: The industry’s take on Zillow’s new service

It’s been difficult to ignore the collective freakout by real estate professionals over Zillow’s recent announcement on Instant Offers...

Living near these 2 stores boosts a home’s value

Organic food does your body good, but according to Zillow, it'll do your home some good as well. As of 2016, 2.8 million homes are located near one of 375 Whole Foods or 451 Trader Joe's locations, and those homes have appreciated at double the rate of homes in other areas...

Why real estate professionals shouldn’t worry about becoming obsolete

I have been reading about Zillow Instant Offers, and it never occurred to me to see it as an immediate threat to my business. Homebuyers and sellers have always had the option to buy or sell without the involvement of a real estate agent, but most call the agent anyway...

Zillow's 'Instant Offers' Promises a Quick Sell, But at What Cost?

Selling a home is, by most accounts, a costly, complex, pain in the basement. That's why a handful of companies, including real estate heavyweight Zillow, are trying to harness technology to make it quicker, easier and cheaper. READ MORE »

Did Zillow® Open the Door to Their Own Demise?

One of the greatest philosophers of all time was Georg Wilhelm Friedrich Hegel (1770-1831). For brevity, let’s call him Hegel and be thankful to the University of Berlin where he lectured. I will suspend with the deep philosophy I learned...Show More Summary

What percent of income are buyers spending on mortgages?

Buyers are spending 29.2 percent of their monthly income for median-priced homes, according to Zillow's latest study on affordability in 35 of the nation's largest markets...

Zillow: In which U.S. markets does it ‘pay to rent’?

In March, the California Association of Realtors hosted a panel -- "The California Series: State of the State" -- revealing that overly strict building codes, an aversion to affordable housing in affluent neighborhoods, and, most of all, exorbitant cost of living is pushing California toward becoming a majority renter state. Show More Summary

No investor bids accepted through Zillow Instant Offers

Hundreds of homeowners have received investor bids since Zillow launched Instant Offers, but none had been accepted as of June 5. On the other hand, the program has generated three listings for one agent, and she may be able to convert more Instant Offers leads in the days ahead...

Zillow Group’s Bridge Interactive and Black Knight: Data management rivals unite

The real estate industry is unusual in that, more often than not, competitors cooperate to get things done. This is apparently true even for real estate tech companies in the midst of a data management arms race. Zillow Group subsidiary...Show More Summary

Zillow CFO Kathleen Philips joins Apptio’s board

Kathleen began with Zillow in 2010, serving as COO from 2013 to 2015 and was then appointed chief financial officer and treasurer in August 2015. She has also been the company’s chief legal officer since September 2014, and secretary since July 2010.

Paragon Partners With Zillow For MLS Features

According to a news release today, Black Knight Financial Services, developers of the Paragon MLS system and has partnered with Zillow for data management tools. Zillow purchased Bridge Interactive last year, a company that is well known for RETS servers (Contact) and listing input modules (Compose) for MLSs. Show More Summary

From this moment on, nothing will be the same in real estate

The thick tension around recent announcements speaks volumes to their heft. Only when something is truly disruptive or threatening do people flip out. A major industry firestorm is raging since Zillow launched Instant Offers, like nothing I have seen in years. What is significant about it...

Zillow Forecast: "Zillow’s April Case-Shiller forecast expects growth of 5.6 percent in the national index"

The Case-Shiller house price indexes for March were released last week. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close.From Svenja Gudell at Zillow: April Case-Shiller...Show More Summary

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